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20$ Challenge Begins

May 16th, 2008 at 11:22 pm

Alright so this is what I've been doing for the 20$ challenge lately. I have been making myself lunch everyday for school meaning no more money spending in the awfull cafeteria at school. I still buy myself the drinks because I already have so many to carry and drinks always tend to spill or become warm which I don't like so a little spend here and there still comes my way but already this saves me 30$ on food for lunch from Mon-Fri. Another thing I decided and been working on is every pay check I simply take out 20$ and put it in the new white piggy bank with a silver princess crown on it, which my boyfriend bought for me for our half a year anniversary gift. I will simply save it for emergency cases and simply save up and use that money for spending instead of my paycheck as if it is my allowence. Well, that is all for my first attempt in the 20$ challenge so let me know what you think.

Wish me luck ^_^

6 Responses to “20$ Challenge Begins”

  1. scfr Says:
    1210982486

    It sounds like you are doing great!

    When the money in the piggy bank (and what a great gift by the way) has grown a bit, you may want to think about opening up a free bank savings account if you don't have one already, so you can earn a little interest. (Just make sure it's one where you won't have to pay any fees.)

  2. Amber Says:
    1210987351

    Yep sounds like you are definately on the right track

  3. managinglife Says:
    1211037221

    I also take an allowance every payday to avoid overspending. It really keeps me honest and focused with my saving goals. I notice that I always have enough money until the next payday. I even found myself not spending it all! Good luck on your goals!

  4. koppur Says:
    1211121847

    sounds like a great start! good luck!

  5. go.Xtina Says:
    1211485941

    Well I'm thinking on June 21st since your work place closed on Sundays and you finish early on Saturdays. I'm not sure which clubs to go in yet and I hope there's no line too. Don't worry about me! I check your blog pretty often... As a matter of fact, I check whenever I go in savingadvice. I know that you have many important things to pay *look at your tickers*. You see I pay attention =P. I'm making sure that we all won't spend too much when we go clubbing. By the way, I would like to throw a little party before or after my birthday... I always want an ice cream cake!! ^.^ I'll see about that

  6. go.Xtina Says:
    1211486020

    I also expect you to attend but if you can't, I will save you a gigantic piece of ice cream cake!

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